What is the Interest and TDS implication:
On 1/4/2019,Mr.Rajesh started a year recurring deposit of 80000 per month @ 8%p.a. with PQR Bank. The recurring deposit matures on 31/3/2020.
If the interest amount exceeds threshold limit, TDS will be deducted.
I'm getting the wrong answer, so can you please explai
CA Rahul Paul
Hey, Is your answer coming 41,600 ?
I'm getting a different answer but in board material they gave 41600,so can you please explain how you got 41600
Please share your solution as an image. we shall go through and revert